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What is the impact of Trump's threat to impose 100% tariffs on global chipmakers?
What is the impact of Trump's threat to impose 100% tariffs on global chipmakers?
Aug 8, 2025
On Wednesday, US President Donald Trump announced that the United States would impose a 100% tariff on imported semiconductor chips unless companies make a formal commitment to build or expand production facilities within the US. The move aims to restructure the global semiconductor supply chain by encouraging domestic manufacturing. Major companies like Apple which recently pledged over $100 billion in...
Kiwi extends gains after data
Kiwi extends gains after data
Aug 7, 2025
The New Zealand dollar rose on Thursday against most major currencies following the release of economic data. Government data published earlier today showed that New Zealands quarterly inflation expectations for Q3 2025 came in at 2.28%, slightly down from the previous reading of 2.29%. As of 21:00 GMT, the New Zealand dollar climbed 0.5% against the US dollar to trade...
US dollar retreats to 10-day trough as tariffs get into effect
US dollar retreats to 10-day trough as tariffs get into effect
Aug 7, 2025
The US dollar continued its decline against major currencies on Thursday, as growing expectations of interest rate cuts by the Federal Reserve combined with rising concerns over partisan divisions creeping into key American institutions. Initial jobless claims in the US are under scrutiny after last weeks disappointing employment data, which contributed to the dollars weakness. In contrast, the euro found...
US dollar inches up but still heads towards weekly loss
US dollar inches up but still heads towards weekly loss
Aug 8, 2025
The US dollar rose slightly on Friday but was on track for a weekly decline after US President Donald Trump's interim pick for a Federal Reserve Board member sparked expectations of a dovish successor to Jerome Powell when his term ends. The yen slipped slightly against the dollar, which dropped 0.31% to 147.560 yen. The dollar rose 0.25% against the...
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Japan's Nikkei ends at record high on Wall Street gains, weaker yen
Japan's Nikkei ends at record high on Wall Street gains, weaker yen
Mar 22, 2024
(Updates to closing prices) TOKYO, March 22 (Reuters) - Japan's Nikkei share average closed at an all-time high on Friday, underpinned by record gains on Wall Street overnight and strength in automakers' stocks on a weaker yen. The Nikkei rose 0.18% to end at 40,888.43, after hitting 41,087.75 earlier in the session to break an all-time intraday high. The index,...
Sector Update: Financial
Sector Update: Financial
Mar 21, 2024
03:19 PM EDT, 03/21/2024 (MT Newswires) -- Financial stocks advanced late Thursday afternoon, with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each rising 0.9%. The Philadelphia Housing Index climbed 1.8%, and the Real Estate Select Sector SPDR Fund (XLRE) was adding 0.4% Bitcoin (BTC-USD) dropped 4% to $65,176, and the yield for 10-year US Treasuries...
Investor Optimism Improves Slightly; Dow Jumps Over 250 Points
Investor Optimism Improves Slightly; Dow Jumps Over 250 Points
Mar 22, 2024
The CNN Money Fear and Greed index showed a slight increase in the overall market sentiment on Thursday. U.S. stocks closed higher on Thursday, extending gains recorded in the previous session. The Fed kept interest rates unchanged Wednesday between 5.25% and 5.5% at its March meeting, as widely expected by investors, confirming intentions to lower the cost of money in the...
FedEx, Nike And 3 Stocks To Watch Heading Into Friday
FedEx, Nike And 3 Stocks To Watch Heading Into Friday
Mar 22, 2024
With U.S. stock futures trading higher this morning on Friday, some of the stocks that may grab investor focus today are as follows: FedEx Corporation ( FDX ) reported better-than-expected earnings for its third quarter and authorized a new $5 billion share repurchase program. FedEx ( FDX ) shares jumped 12.9% to $299.07 in the after-hours trading session. Worthington Steel,...
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Intuit Rapidly Advances GenOS to Accelerate Development of Agentic AI Experiences at Scale
Intuit Rapidly Advances GenOS to Accelerate Development of Agentic AI Experiences at Scale
Sep 23, 2025
Company bolsters GenOS with cutting-edge Financial Intuit LLMs, seamless “expert-in-the-loop” integration with AI agents, Agent Starter Kit evaluation capabilities MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Intuit Inc. ( INTU ) , the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, has rapidly advanced its proprietary Generative AI Operating System (GenOS) over the past 90 days to...
TD SYNNEX Report Finds AI, Services and Specialization Are Driving the Next Wave of IT Growth
TD SYNNEX Report Finds AI, Services and Specialization Are Driving the Next Wave of IT Growth
Sep 23, 2025
Fourth-Annual Direction of Technology Report highlights key trends shaping the IT landscape, including insights specific to geographic regions, partner types and technology sectors FREMONT, Calif., & CLEARWATER, Fla.--(BUSINESS WIRE)-- TD SYNNEX ( SNX ) , a leading global distributor and solutions aggregator for the IT ecosystem, today released its Fourth Annual Direction of Technology (DoT) Report, which highlights how...
Tangoe Recognized for Second Straight Year as a 2025 Stratus Award Winner for Cloud Innovation
Tangoe Recognized for Second Straight Year as a 2025 Stratus Award Winner for Cloud Innovation
Sep 23, 2025
Tangoe One Cloud Awarded Product of the Year in FinOps/Cloud Cost Optimization INDIANAPOLIS--(BUSINESS WIRE)-- Tangoe, the leader in IT Expense Management (ITEM) backed by 25 years of pioneering innovation, has been named a winner in the 2025 Stratus Awards for Cloud Computing, a leading awards program, now in its 12th year, that honors companies, products and individuals innovating in...
Instacart Launches Consumer Insights Portal to Power Faster, Smarter Decisions for Brands
Instacart Launches Consumer Insights Portal to Power Faster, Smarter Decisions for Brands
Sep 23, 2025
New self-serve platform gives partners like Applegate, Coca-Cola Bottling Canada, and Advantage Solutions access to real-time grocery shopping trends across 1,800+ retail partners SAN FRANCISCO, Sept. 23, 2025 /PRNewswire/ -- Instacart today introduced the Consumer Insights Portal (CIP), a new software platform for brands to access Instacart's first-party grocery shopping data in real time. Built on daily activity from nearly 100,000...
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Berachain Surpasses Major Blockchains in TVL Within 20 Days of Mainnet Launch
Berachain Surpasses Major Blockchains in TVL Within 20 Days of Mainnet Launch
Feb 24, 2025
Berachain EVM-identical Layer 1 blockchain has reached a new milestone this week. Within 20 days of its Mainnet launch, Berachain has surpassed major blockchains such as SUI, Avalanche, and Arbitrum, in Total Value Locked (TVL), after hitting $3.27 billion before retreating mildly. Berachain secured the sixth position in DeFi TVL following the new feat before slipping the seventh spot right...
Bitcoin or Nothing: Altvest’s Board Chairman Dismisses Other Blockchain Projects
Bitcoin or Nothing: Altvest’s Board Chairman Dismisses Other Blockchain Projects
Feb 24, 2025
A few days ago, the capital market company Altvest Capital became the first publicly traded African company to adopt Bitcoin as a treasury reserve asset. This move was announced as part of a broader treasury management strategy that focused on strengthening the firms financial resilience and protecting its business from currency depreciation risks. Stafford Masie, chairman of Altvest Capitals board...
Ripple (XRP) Price Predictions for This Week
Ripple (XRP) Price Predictions for This Week
Feb 24, 2025
XRP drops to $2.2 as market turns bearish. Key Support levels: $2, $1.6 Key Resistance levels: $3, $3.4 1. Bears Return Over the past 24 hours, XRPs price fell by 8% and approached $2.2. This has turned the momentum bearish, and the price could easily test the key support at $2 in the coming days if nothing changes. To maintain...
Infini Suffers $49M Exploit in Stablecoin Heist
Infini Suffers $49M Exploit in Stablecoin Heist
Feb 24, 2025
Stablecoin Bank Infini has suffered a security breach that resulted in the theft of over $49 million in USDC. On-chain tracking platforms identified that the attack happened due to an exploiter misusing retained administrative privileges. Ex-Developer Behind the Hack CertiK was the first to detect unusual activity on February 24, reporting unauthorized fund transfers from an Infini-associated contract on Ethereum....
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